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    834 S Pacific Street

    Oceanside, CA 92054
    • $2,390,000
    • STATUS: Active Under Contract
    • ON SITE: 56 days
    • ID#: WS21115462
    Under Contract
    UPDATED: 19 min ago
    $2,390,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2000
    County:

    School Ratings & Info

    Description

    Available for the first time in over 20+ years! With ocean views and located a block away from the beach, this Oceanside fourplex has been well-maintained by the current owner. Formerly a triplex with un-permitted garage conversion. Surrounded by million dollar ocean-front homes. R-4 Zoning allows for many value-add / redevelopment opportunities in a dense area. All tenants are on month-to-month leases. Possibility to live in one unit and rent out the others! The City of Oceanside is rapidly gentrifying and this rental property is conveniently located to nearby shops and amenities! Two garage units are potential ADU conversions for additional cash flow and upside. Situated on a large corner lot and features a rooftop deck with ocean views! This property will go fast! Seller is looking the right buyer who understands the maximum potential of the existing zoning ordinances and long-term upside for the region.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T07:34:22.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/117703420
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    834 S Pacific Street Oceanside, CA 92054

    • Price: $2,390,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: WS21115462
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2000
    Built
    Neighborhood:
    92054 - Oceanside
    County:
    San Diego
    Area:
    92054 - Oceanside
    Property Description
    Available for the first time in over 20+ years! With ocean views and located a block away from the beach, this Oceanside fourplex has been well-maintained by the current owner. Formerly a triplex with un-permitted garage conversion. Surrounded by million dollar ocean-front homes. R-4 Zoning allows for many value-add / redevelopment opportunities in a dense area. All tenants are on month-to-month leases. Possibility to live in one unit and rent out the others! The City of Oceanside is rapidly gentrifying and this rental property is conveniently located to nearby shops and amenities! Two garage units are potential ADU conversions for additional cash flow and upside. Situated on a large corner lot and features a rooftop deck with ocean views! This property will go fast! Seller is looking the right buyer who understands the maximum potential of the existing zoning ordinances and long-term upside for the region.
    Exterior Features

    Architectural Style Traditional Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features Assigned Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Waterfront Features Across The Road From Lake/OceanBeach AccessOcean Access

    Interior Features

    Appliances Electric RangeGas Oven Common Walls 2+ Common Walls Flooring Wood

    Property Features

    Additional Parcels YN No Common Interest None Community Features BikingDog ParkGolfHikingParkPreserve/Public LandStorm Drain(S)Street LightsSuburbanSidewalksUrbanWater SportsFishing Electric Expense 1080 Fuel Expense 0 Garage YN Yes Gross Income 114360 Gross Scheduled Income 114360 Insurance Expense 1413 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms 1031 Exchange Net Operating Income 67504 New Construction YN No New Taxes Expense 26491 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 43425 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 114960 Trash Expense 0 Water Sewer Expense 4608 Water Source Public Zoning R4

    Listing provided courtesy of Edward Weng of Tfs Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T07:34:22.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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